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India and US working on a joint Cyber Relationship document

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NEW DELHI: India and the United States have agreed to ensure shared understanding of technology access policy, including dual use technologies sought to be controlled by either country, including through such mechanisms as the bilateral High Technology Cooperation Group.

It was decided during the current visit of Prime Minister Narendra Modi to the United states that the complete Framework for the U.S.-India Cyber Relationship will be signed within 60 days.

According to a government release, reiterating a commitment to promote the free flow of information, the two countries will work towards an open, interoperable, secure, and reliable cyberspace environment; and a commitment to promote the Internet as an engine for innovation, economic growth, and trade and commerce.

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It was announced after a meeting between Modi and President Barrack Obama that cooperation on cyber issues is a key component of the bilateral relationship between India and the United States.

The two countries have a strategic cyber relationship that reflects their shared values, common vision, and shared principles for cyberspace. Both sides recognize the value of enhancing and further institutionalizing their broad-based cooperation on cyber issues.

The two countries intend to complete a framework that will include a commitment to promote cooperation between and among the private sector and government authorities on cybercrime and cybersecurity.

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There will be recognition of the importance of bilateral and international cooperation for combating cyber threats and promoting cybersecurity, and a commitment to respect cultural and linguistic diversity, and promote international security and stability in cyberspace through a framework that recognizes the applicability of international law, in particular the UN Charter, to state conduct in cyberspace and the promotion of voluntary norms of responsible state behaviour in cyberspace.

There will be a commitment to the multistakeholder model of Internet governance that is transparent and accountable to its stakeholders, including governments, civil society and the private sector, and promotes cooperation among them.

There will be recognition of the leading role for governments in cyber security matters relating to national security, of the importance of and a shared commitment to cooperate in capacity building in cyber security and cyber security research and development, and a ommitment to promote closer cooperation among law enforcement agencies to combat cybercrime between the two countries.

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Other subjects relate to strengthening the security and resilience of critical information infrastructure; Identifying, coordinating, sharing, and implementing cybersecurity best practices; sharing information on a real time or near real time basis, when practical and consistent with existing bilateral arrangements, about malicious cybersecurity threats, attacks and activities, and establishing appropriate mechanisms to improve such information sharing; and developing joint mechanisms for practical cooperation to mitigate cyber threats to the security of ICT infrastructure and information contained therein consistent with their respective obligations under domestic and international law.

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eNews

Paisabazaar launches Credit Premier League 2.0

Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.

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MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.

Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.

All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.

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Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”

The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.

Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.

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In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.

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